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NYSEAMERICAN:IGC

IGC Pharma (IGC) Stock Price, News & Analysis

$0.45
0.00 (0.00%)
(As of 07/26/2024 ET)
Today's Range
$0.44
$0.46
50-Day Range
N/A
52-Week Range
$0.25
$0.91
Volume
89,291 shs
Average Volume
164,867 shs
Market Capitalization
$33.77 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.38

IGC Pharma MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
656.0% Upside
$3.38 Price Target
Short Interest
Healthy
1.48% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.26 out of 5 stars

IGC stock logo

About IGC Pharma Stock (NYSEAMERICAN:IGC)

IGC Pharma, Inc., a clinical stage biotechnology company, engages in developing cannabinoid-based formulations for treating diseases and conditions, including Alzheimer's disease, dysmenorrhea, premenstrual syndrome, and chronic pain. The company has two investigational drug assets targeting Alzheimer's disease comprising IGC-AD1, which is in a Phase 2B clinical trial as a treatment for agitation in dementia due to Alzheimer's; and TGR-63 that is in pre-clinical development. It also markets Holief, a wellness brand that targets women experiencing premenstrual syndrome and menstrual cramps. The company was formerly known as India Globalization Capital, Inc. and changed its name to IGC Pharma, Inc. in March 2023. The company was incorporated in 2005 and is headquartered in Potomac, Maryland.

IGC Stock Price History

IGC Stock News Headlines

Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
IGC Pharma Inc.
IGC Pharma Adds Advisor in Artificial Intelligence
See More Headlines
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Company Calendar

Last Earnings
6/24/2024
Today
7/27/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:IGC
Employees
61
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.38
High Stock Price Target
$3.50
Low Stock Price Target
$3.25
Potential Upside/Downside
+656.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-13,000,000.00
Net Margins
-966.54%
Pretax Margin
-966.54%

Debt

Sales & Book Value

Annual Sales
$1.35 million
Book Value
$0.11 per share

Miscellaneous

Free Float
61,265,000
Market Cap
$33.77 million
Optionable
Not Optionable
Beta
1.30
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Key Executives

  • Mr. Ram Mukunda (Age 65)
    President, CEO & Director
    Comp: $705k
  • Ms. Claudia Grimaldi (Age 53)
    VP, Principal Financial Officer, Chief Compliance Officer & Non-Independent Director
    Comp: $245k
  • Mr. Rohit Goel (Age 30)
    Senior Director of Accounting & Principal Accounting Officer

IGC Stock Analysis - Frequently Asked Questions

How have IGC shares performed this year?

IGC Pharma's stock was trading at $0.3446 at the beginning of the year. Since then, IGC stock has increased by 29.5% and is now trading at $0.4464.
View the best growth stocks for 2024 here
.

How were IGC Pharma's earnings last quarter?

IGC Pharma, Inc. (NYSEAMERICAN:IGC) announced its quarterly earnings results on Monday, June, 24th. The construction company reported ($0.04) earnings per share (EPS) for the quarter. The construction company earned $0.30 million during the quarter. IGC Pharma had a negative trailing twelve-month return on equity of 119.06% and a negative net margin of 966.54%.

How do I buy shares of IGC Pharma?

Shares of IGC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of IGC Pharma own?

Based on aggregate information from My MarketBeat watchlists, some other companies that IGC Pharma investors own include GW Pharmaceuticals (GWPH), Alibaba Group (BABA), Tilray (TLRY), Cronos Group (CRON), Micron Technology (MU) and NewAge (NBEV).

This page (NYSEAMERICAN:IGC) was last updated on 7/27/2024 by MarketBeat.com Staff

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